Li'l Wayne's Smokin SoBe Rental

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Give it up for Li'l Wayne. The man sure seems to know a good real estate deal when he sees one. But pity the poor real estate agents so desperate for benjamins they have to leak word they're showing Li'l Wayne's li'l rap star rental.
Something good...?
According to the New York Post, Wayne is renting a 3 bed, 2 bath South Beach condo up for sale for $520,000. Potential buyers are supposedly being warned that this ain't your mama's showing with oatmeal cookies smelling up the kitchen. More like a rap video, with scantily clad (bra 'n' panties) girls at the door, hip hop blaring, and plumes of SoBe's finest chronic (marijuana) billowing out the door. Sounds like just another day at Mr. Wayne's place, doncha know.But do the math and something seems awry.

According to the Post, Wayne's rental is for sale at $520,000. Now we don't know how much Wayne is renting for or whether his rental is in the same location as the $3.1 million condo he reportedly owns in the Murano Grande South Beach, but if the properties for sale in the condo are to be believed, someone's getting a dynamite deal. Right now, there are eight condos for sale in the Murano Grande, from 2,000 to 3,000 square feet, priced from $1.25 to $2.35 million--an average of approximately $675 per square foot. Unless Wayne's rental is on the other side of town as the Murano (unlikely) or very tiny (equally unlikely), the $520K price tag for a 3 bedroom, 2 bath condo makes no sense. Nor does it make sense for real estate agents to parade clients through his supposedly immaculate crib ("tee shirts hanging neatly in the closet").

Unless of course there's something wrong with the place (or the reporting). We're not sure who's smoking more chronic--Li'l Wayne or Page Six--but either way, something's wrong with this picture. If you know more, let us know. We're always interested in keeping up with the SoBe hang.
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